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Nonprofiteer
← GREENWOOD RISING INC

Form 990 for tax year 2024

Filed by GREENWOOD RISING INC.

Totals

Total revenue
$17,830,255
Total expenses
$3,039,412
Contributions and grants received
$17,295,528
Grants paid
$0
Program service revenue
$454,035
Investment income
$58,564
Other revenue
$22,128
Total assets, end of year
$18,484,629
Total liabilities, end of year
$9,594
Net assets or fund balances, end of year
$18,475,035
Program services expenses (Part IX)
$2,527,639
Management and general expenses
$511,773
Fundraising expenses
$0
Program service expenses (Part III)
$2,527,639

Program services were 83.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $17,295,528

  • 1g · Noncash contributions included above

    $16,598,301

  • 2a · Program service revenue: ADMISSIONS

    total $445,450 · excluded $445,450

  • 2b · Program service revenue: MISC. PROGRAM INCOME

    total $8,000 · excluded $8,000

  • 2c · Program service revenue: MEMBERSHIPS

    total $585 · excluded $585

  • 3 · Investment income

    total $58,564 · excluded $58,564

  • 10a · Gross sales of inventory

    $102,538

  • 10b · Cost of goods sold

    $80,410

  • 10c · Net income from sales of inventory

    total $22,128 · excluded $22,128

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $125,000 · management and general $125,000

  • 7 · Other salaries and wages

    total $321,060 · program services $271,313 · management and general $49,747

  • 9 · Other employee benefits

    total $28,894 · management and general $28,894

  • 10 · Payroll taxes

    total $34,693 · program services $21,559 · management and general $13,134

  • 11b · Fees: legal

    total $32,935 · management and general $32,935

  • 11c · Fees: accounting

    total $11,600 · management and general $11,600

  • 11g · Fees: other

    total $179,370 · program services $121,804 · management and general $57,566

  • 12 · Advertising and promotion

    total $21,302 · program services $9,973 · management and general $11,329

  • 13 · Office expenses

    total $50,236 · management and general $50,236

  • 16 · Occupancy

    total $276,735 · program services $171,651 · management and general $105,084

  • 22 · Depreciation, depletion and amortization

    total $1,922,439 · program services $1,922,439

  • 23 · Insurance

    total $15,365 · management and general $15,365

  • 24a · Other expenses: SCHOOL FIELD TRIPS/BUS TO

    total $7,207 · program services $7,207

  • 24b · Other expenses: MEALS

    total $3,222 · management and general $3,222

  • 24c · Other expenses: TRAVEL REIMBURSEMENT

    total $2,993 · management and general $2,993

  • 24d · Other expenses: MEMBERSHIPS

    total $1,923 · management and general $1,923

  • 24e · All other expenses

    total $4,438 · program services $1,693 · management and general $2,745

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $941,884 · end of year $702,639

  • 2 · Savings and temporary cash investments

    beginning of year $1,550,470 · end of year $1,858,033

  • 3 · Pledges and grants receivable

    beginning of year $87,691 · end of year $479,003

  • 8 · Inventories for sale or use

    beginning of year $11,149 · end of year $16,662

  • 9 · Prepaid expenses and deferred charges

    end of year $7,267

  • 10a · Land, buildings and equipment: cost or other basis

    $17,380,901

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,959,876

  • 10c · Land, buildings and equipment, net

    beginning of year $735,092 · end of year $15,421,025

  • 17 · Accounts payable and accrued expenses

    beginning of year $17,938 · end of year $9,594

  • 27 · Net assets without donor restrictions

    beginning of year $2,143,938 · end of year $3,752,948

  • 28 · Net assets with donor restrictions

    beginning of year $1,164,410 · end of year $14,722,087

Mission and programs · 2024

Mission

GREENWOOD RISING EDUCATES PEOPLE ABOUT TULSA'S HISTORIC GREENWOOD DISTRICT, THE BLACK WALL STREET MINDSET, AND AMERICA'S HARD RACIAL HISTORY TO INSPIRE THEM TOWARD SOCIAL JUSTICE AND RACIAL RECONCILIATION AT HOME AND BEYOND. THE HISTORY CENTER IS THE ICONIC DESTINATION TO EVOKE THOUGHT AND MOTIVATE CHANGE IN RACE RELATIONS FOR ALL GENERATIONS, BRINGING AN END TO RACIAL VIOLENCE AND CREATING GENERATIONAL WEALTH. GREENWOOD RISING INC. DBA GREENWOOD RISING IS THE LEGACY PROJECT OF THE 1921 TULSA RACE MASSACRE CENTENNIAL COMMISSION (THE "COMMISSION"). THE COMMISSION BEGAN IN 2015 UNDER THE LEADERSHIP OF SENATOR KEVIN MATHEWS, DEDICATED TO A VISION OF A STRONGER AND MORE JUST TULSA. THE COMMISSION SET OUT TO RAISE A TOTAL OF 30 MILLION FOR ITS PROJECTS AND WAS STRUCTURED AS A COMPONENT FUND OF THE TULSA COMMUNITY FOUNDATION ("TCF"), EIN 73- 1554474, A 501(C)(3) PUBLIC CHARITY. THE PRIVATE FUNDS RAISED BY THE COMMISSION WERE DEPOSITED BY TCF AND DISPERSED UNDER DIRECTION OF THE COMMISSION AN

  • GREENWOOD RISING EXISTS TO EDUCATE THE PEOPLE ABOUT TULSA'S HISTORIC GREENWOOD DISTRICT, THE BLACK WALL STREET MINDSET, AND AMERICA'S HARD RACIAL HISTORY TO INSPIRE THEM TO WORK TOWARD SOCIAL JUSTICE AND RACIAL RECONCILIATION AT HOME AND BEYOND. THIS MISSION IS ACCOMPLISHED FIRST AND FOREMOST BY ENGAGING VISITORS IN AN INTERACTIVE, THOUGHT PROVOKING, AND HISTORICALLY FACTUAL EXPERIENCE INVOLVING PICTURES, VIDEOS, ARTIFACTS, ETC. DOCENTS LEAD GUESTS ON TOURS THROUGH THE HISTORY CENTER AND GUESTS ARE PROVIDED WITH PAMPHLETS THAT ASK CHALLENGING QUESTIONS TO EVOKE THOUGHTFUL ACTIONS WHICH GUESTS ARE ENCOURAGED TO COMMUNICATE VIA THE COMMITMENT WALL. SINCE OPENING ITS DOORS ON AUGUST 4TH, 2021, GREENWOOD RISING HAS WELCOMED NEARLY 60,000 VISITORS FROM AROUND THE GLOBE.

    Expenses $533,226 · Revenue $454,035

  • GREENWOOD RISING LAUNCHED A NEW DIGITAL GUIDE ON BLOOMBERG CONNECTS, THE FREE ARTS AND CULTURAL APP CREATED BY BLOOMBERG PHILANTHROPIES. THE BLOOMBERG CONNECTS APP, AVAILABLE FOR DOWNLOAD FROM GOOGLE PLAY OR THE APP STORE, MAKES GREENWOOD RISING ACCESSIBLE FOR EITHER ONSITE OR OFFSITE VISITS THROUGH PHOTO, AUDIO AND VIDEO FEATURES OFFERING INSIGHTS INTO THE HISTORY OF BLACK WALL STREET, THE 1921 TULSA RACE MASSACRE, AND THE CONTINUED ROAD TO RECONCILIATION. USERS OF THE APP ACCESS VIRTUAL REALITY EXPERIENCES THAT SHOWCASE WHAT BLACK WALL STREET WAS LIKE BEFORE THE 1921 MASSACRE. USERS HAVE ACCESS TO GREENWOOD RISING EXHIBITS LIKE THE VIRTUAL BARBERSHOP AND MEET THE EARLY ENTREPRENEURS IN HISTORIC GREENWOOD THROUGH ORAL AND WRITTEN HISTORIES.

    Expenses $13,459

  • GREENWOOD RISING HAS PARTNERED WITH TULSA PUBLIC SCHOOLS ("TPS") TO CURATE CURRICULUM FOR SCHOOL FIELD TRIPS AND BEGAN HOSTING TOURS FOR ALL TPS EIGHTH GRADERS DURING EACH SCHOOL YEAR. THIS COLLABORATION COVERS BOTH PEDAGOGY AND THE CURRICULUM TAUGHT IN CLASS BEFORE THE FIELD TRIPS, THE CURRICULUM BASED TOURS GIVEN TO STUDENTS DURING EACH VISIT, AS WELL AS LOGISTICS INCLUDING SCHEDULING, TRANSPORTATION, LUNCHES PROVIDED, ETC. ALTHOUGH THE CURRENT PROGRAM FOCUSES ON TPS EIGHTH GRADE STUDENTS, GREENWOOD RISING LOOKS FORWARD TO WELCOMING OTHER SCHOOL DISTRICTS FROM THE AREA IN THE COMING YEARS.

    Expenses $7,207

  • GREENWOOD RISING PARTNERED WITH THE OKLAHOMA CENTER FOR COMMUNITY AND JUSTICE TO HOST LOCAL HIGH SCHOOL STUDENTS IN THE YOUTH LEADERSHIP FORUM FOR COMMUNITY TRANSFORMATION. THIS PROGRAM SEEKS TO CREATE SPACE FOR YOUNG PEOPLE TO TALK OPENLY AND HONESTLY ABOUT THEIR COMMUNITIES AND WORK COLLABORATIVELY TO CREATE CHANGE IN THOSE COMMUNITIES. THE PRIMARY SOCIAL IMPACT OF CREATING THIS SPACE IS INCREASED SELF AND SOCIAL AWARENESS OF THE PARTICIPANTS, CREATING GLOBAL CITIZENS. THE INNOVATION OF THIS PROGRAM EXISTS IN ITS APPROACH TO STUDENT SOCIAL-EMOTIONAL LEARNING THROUGH THE LENS OF DIVERSITY, EQUITY, AND INCLUSION. GREENWOOD RISING ALSO PARTNERED WITH THE OKLAHOMA CITY NATIONAL MEMORIAL & MUSEUM TO PROVIDE TULSA AND OKLAHOMA CITY-BASED NINTH GRADE STUDENTS WITH TRANSPORTATION AND ADMISSION TO VISIT BOTH MUSEUMS IN ONE DAY. STUDENTS EXPERIENCE THE POWERFUL STORIES EACH PROVIDES, INCLUDING THE RESILIENCE OF THE HUMAN SPIRIT AND THE SENSELESSNESS OF VIOLENCE, AND THEN VIRTUALLY COME TOGETHER TO DEBRIEF THEIR EXPERIENCES.

    Expenses $1,973,747

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Raymond Doswell

    EXECUTIVE DI

    Total calculated
    $125,000
    From this org
    $125,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Maggie Hille-Yar

    DIRECTOR, SE

    Total calculated
    $0
    Hours/week
    5
  • Sam Combs III

    DIRECTOR, CH

    Total calculated
    $0
    Hours/week
    5
  • Hannibal B Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Jon Lawrence

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • William Lissau

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Jessica Lowe-Betts

    IMMEDIATE PA

    Total calculated
    $0
    Hours/week
    5
  • Cynthia McGhee

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Brenda Nails-Alford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Sandra Quince

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
1 October 2025
IRS schema version
2024v5.0
Source object
202533159349301958

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